abrdn plc (LON:ABDN) Announces GBX 7.30 Dividend

abrdn plc (LON:ABDN - Get Free Report) declared a dividend on Tuesday, March 4th, DividendData.Co.Uk reports. Investors of record on Thursday, March 27th will be paid a dividend of GBX 7.30 ($0.09) per share on Tuesday, May 13th. This represents a yield of 4.17%. The ex-dividend date is Thursday, March 27th. The official announcement can be viewed at this link.

abrdn Trading Up 0.1 %

LON ABDN traded up GBX 0.15 ($0.00) during trading on Friday, hitting GBX 159.90 ($2.07). 18,044,166 shares of the company's stock traded hands, compared to its average volume of 11,927,329. The stock has a fifty day moving average of GBX 160.95 and a two-hundred day moving average of GBX 150.52. abrdn has a 12-month low of GBX 130.50 ($1.69) and a 12-month high of GBX 186.48 ($2.41). The firm has a market cap of £2.86 billion, a P/E ratio of 9.09, a PEG ratio of 12.70 and a beta of 1.25. The company has a debt-to-equity ratio of 12.25, a current ratio of 225.80 and a quick ratio of 24.97.

abrdn (LON:ABDN - Get Free Report) last issued its earnings results on Tuesday, March 4th. The company reported GBX 15.20 ($0.20) earnings per share for the quarter. abrdn had a return on equity of 6.46% and a net margin of 21.19%. As a group, sell-side analysts expect that abrdn will post 15.2266152 EPS for the current year.

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Wall Street Analysts Forecast Growth

Separately, Citigroup raised their target price on shares of abrdn from GBX 140 ($1.81) to GBX 172 ($2.23) and gave the stock a "neutral" rating in a report on Thursday, March 6th.

Insider Activity

In other news, insider Jason Windsor sold 84,587 shares of the business's stock in a transaction that occurred on Tuesday, March 25th. The stock was sold at an average price of GBX 169 ($2.19), for a total transaction of £142,952.03 ($185,027.22). Insiders own 2.41% of the company's stock.

About abrdn

aberdeen is a Wealth & Investments group that connects investors to the expertise, tools, and solutions they need to grow and manage their wealth with confidence. We are structured around three businesses – interactive investor, Adviser and Investments. As a diversified group, we have positioned ourselves for growth in a changing investment landscape.